0195 RESCUJFION NO. 195 -77
RESOLUTION APPROVING APPLICATION FOR PRELIMINARY LOAN FOR
LOW-RUC PUBLIC HOUSING
WHEREAS, it is the policy of this locality to eliminate substandard and
other inadequate housing, to prevent the spread of shams and blight, and to
realize as soon as feasible the goal of a decent hone in a suitable living
envirunnalt for all of its citizens; and
WHEREAS, under the provisions of the United States Housing Act of 1937,
as amended, the United States of America, acting through the Secretary of
Housing and Urban Development (herein called the "Government "), is authorized
to provide financial assistance to local public housing agencies for under-
taking and carrying out preliminary planning of low -rent housing projects that
will assist in meeting this goal; and
WHEREAS, the Act provides that there shall be local determination of need
for low -rent housing to meet needs not being adequately met by private enter-
prise and that the Goverment shall not make any contract with a public housing
agency for preliminary loans for surveys and planning in respect to any low-
rent housing projects unless the governing body of the locality involved by
resolution approved the application of the public housing agency for such
preliminary loan; and
WHEREAS, the Jacksonville Housing Authority (herein called the "Local
Authority ") is a public housing agency and is applying to the Government for
a preliminary loan to cover the costs of surveys and planning in connection
with the development of 10-rent housing;
NOW, THEREFORE, be it resolved by the council of the CitPof Jacksonville,
Arkansas as follows:
1. That there exists in the City of Jacksonville, Arkansas a need for
such law* -rent housing which is not being met by private enterprise;
2, That the application of the Local Authority to the Government for a
preliminary loan in an amount not to exceed $8,400 for surveys and planning in
connection with low -rent housing projects of not to exceed approximately 42
dwelling units is hereby approved.
This Resolution being in full force and in effect from date of passage.
APPROVED AND ADOPTED THIS /� i'1 DAY OF Y l f; C. % , 1977.
ames G. Reid,
ATTEST:
Flay Avants, City Clerk
APPROVED AS TO FORM:
HC l
n C. Mills, City Attorney